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Quinn: Rise To Rebellion – A Fourth Turning Perspective

Quinn: Rise To Rebellion – A Fourth Turning Perspective

Authored by Jim Quinn via The Burning Platform blog,

“I do not say that democracy…

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Quinn: Rise To Rebellion - A Fourth Turning Perspective

Authored by Jim Quinn via The Burning Platform blog,

“I do not say that democracy has been more pernicious on the whole, and in the long run, than monarchy or aristocracy. Democracy has never been and never can be so durable as aristocracy or monarchy; but while it lasts, it is more bloody than either. … Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide. It is in vain to say that democracy is less vain, less proud, less selfish, less ambitious, or less avaricious than aristocracy or monarchy. It is not true, in fact, and nowhere appears in history. Those passions are the same in all men, under all forms of simple government, and when unchecked, produce the same effects of fraud, violence, and cruelty. When clear prospects are opened before vanity, pride, avarice, or ambition, for their easy gratification, it is hard for the most considerate philosophers and the most conscientious moralists to resist the temptation.” – John Adams

“A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.” – John Adams

I have bookshelves filled with books I haven’t read yet. I’m a collector of books who doesn’t have much time to read but plans to spend my waning years catching up on all the reading I’ve been unable to do while working, blogging, and raising a family. Still, I always have one or two books on my nightstand being read in fits and starts. After finishing a Grisham novel, I sought another book to occupy my time from my living room bookshelf. I grabbed Rise to Rebellion, a Jeff Shaara historical novel I had purchased at a used bookstore in Wildwood, NJ many years ago.

I don’t know why I chose that book from the dozens of options on the bookshelf, but it seems to have been a wise choice given the current state of affairs in the world. I always find the wisdom and courage of our founding fathers to be a beacon of light in the darkness slowly engulfing the world as we approach the denouement of this Fourth Turning, the fourth, and hopefully not last, in U.S. history. Probably without knowing it, most of Shaara’s historical novels revolved around events during the first three Fourth Turnings.

It started with his father Michael Shaara’s brilliant 1973 Pulitzer Prize winning novel The Killer Angels, and Jeff’s bookend novels Gods and Generals (1996) and The Last Full Measure (1998) to complete the trilogy. They captured the essence of the Civil War Fourth Turning. Then he captured the spirit of the American Revolution Fourth Turning with Rise to Rebellion and The Glorious Cause. And then he attacked the World War II Fourth Turning with his four-part series: The Rising TideThe Steel WaveNo Less Than Victory, and The Final Storm. The novels documenting the glorious victories, tragic losses, heroes, and villains of this Fourth Turning are yet to be written. What will be written depends upon the actions we take or don’t take during the remaining five or so years of this period of Crisis.

You never know how or when your words or actions will have an impact, but if you remain resolute and true to yourself, maybe even after death your words can provide inspiration for future generations. Michael Shaara’s The Killer Angels was rejected by 15 publishers, received mixed reviews, and even after winning a Pulitzer Prize was still a commercial failure. He died in 1988, a broken man, dismayed his novel never received the notice it deserved.

Five years after his death his book was adapted into the epic film Gettysburg, and his novel was propelled to number one on the NYT bestsellers list, 19 years after its publication. Jeff had been a coin dealer, but after the success of the movie and novel he was approached to continue the story, his father had started, despite no background in writing. He took up the challenge and has had a prodigious career bringing history to life for millions of readers. You never know when life will offer opportunity or thrust you into a cataclysm.

What struck me as I read Rise to Rebellion, capturing the time period from the Boston Massacre in 1770 to the signing of the Declaration of Independence in 1776, told through the eyes of John AdamsBen FranklinGeorge Washington, and British General Thomas Gage, was the extremely long odds of farmers, merchants, shop owners and tradesmen successfully defeating the greatest empire in history and their professional army. The chances of these undisciplined, underfunded, under armed militiamen, led by George Washington and a few professional officers, of winning their independence from an imperial empire and an army and navy unmatched on earth was virtually nil.

It’s the kind of perspective valuable at this juncture of a Fourth Turning, rapidly accelerating towards conflict against a seemingly invincible arrogant Deep State imperial empire. The odds are heavily against those who have refused to knuckle under during the covid scam and continue to oppose the government’s efforts to disarm us and destroy the moral fabric of the nation.

From their writings and correspondence at the time, utilized by Shaara in his novel, you realize Adams, Franklin, and Washington were all reluctant revolutionaries. Firebrands like Sam Adams and Patrick Henry had no doubts about going to war. Adams and Franklin did everything in their power to defuse the brewing conflict over many years. Adams even defended the British soldiers accused of murder during the Boston Massacre and got them acquitted by an American jury. Franklin spent years in London trying to negotiate on behalf of the colonies, while constantly being ridiculed, scorned, and humiliated by arrogant parliamentarians and an ego-maniacal king.

When chosen to lead the Continental Army, Washington was hesitant to accept the position. He didn’t believe the martial skills he gained during the French & Indian War were sufficient to lead a ragtag army of militia misfits against the greatest military on earth. These men did not conclude a military revolution was necessary to end the British tyranny lightly. After much soul searching and angst, they realized there was no choice. They had been pushed far enough and it was time to push back. They also knew if they failed, they would hang.

In 1770, Franklin was 64 years old, suffering from gout and bladder stones. With life expectancies of less than 40 years in those days, he had far outlived most, while accomplishing more as a scientist, writer, publisher, and statesman than almost anyone in history. He had every right to just live out his remaining years in peace and tranquility. But instead, he risked it all on helping birth a new nation, using all his wisdom, guile, and political acumen to help guide the younger revolutionaries Adams, Jefferson, Washington, among others.

He was 70 in 1776 when he signed the Declaration of Independence and died in 1790, shortly after the U.S. Constitution was ratified in 1789. He spent his twilight years working tirelessly to birth this Republic. As I and many others enter our 60s, it feels like it is too late for us to make a difference in helping change the course of our troubled nation. But Franklin should be an inspiration to all real patriots fighting impossible odds to try and defeat an arrogant brutal regime bent on crushing those who believe in freedom, liberty, personal responsibility, and a Constitution written in the blood of patriots 250 years ago.

When narrow minded linear thinkers scoff at the notion of the common people rising up and taking down a corrupt, evil, traitorous government, which no longer works in the best interest of the people, but for their own enrichment, I must anchor my thinking in the cyclical nature of history and inevitability of the existing social order being swept away in a river of blood during Fourth Turnings. The acolytes of the regime in political offices, government bureaucracy blood suckers, the media propaganda outlets, the woke military, and corporate boardrooms scoff at the thought of losing their wealth and power.

They control the narrative. They control the technology. They control the government. They control the media. They have superior firepower in the hands of their police and military mercenaries. Their hubris knows no bounds. Their comprehension of history and human nature is non-existent as their sociopath desires overwhelm their ability to think critically and see what lies ahead.

No matter how far advanced the world has become technologically over the last 250 years, one thing never changes – human nature. Technological progress has certainly made it easier to kill each other today than during the American Revolution. “Smart” phones, the internet, and 70-inch HDTVs have made it far easier to amuse and distract ourselves, and effortless for Bernays’ invisible government to control and manipulate the masses through propaganda and psychological exploitation, as proven by the last three years of this fake covid crisis. As Huxley pointed out, technology is just making us go backwards more efficiently.

“Technological progress has merely provided us with more efficient means for going backwards.” ― Aldous Huxley, Ends and Means

Technology hasn’t made us smarter. Technology hasn’t made us kinder. Technology hasn’t made us less violent. Technology hasn’t made us less likely to kill or wage war. Technology hasn’t made us safer. Mankind is just as prideful, greedy, wrathful, envious, lustful, gluttonous, and slothful as they were in centuries past. Human nature never changes; therefore, we can analyze the actions of King George, Lord Dartmouth, General Gage, and other key characters of the American Revolution Fourth Turning to assess how Biden, Schumer, and Miley will react and over-react to events unfolding during this Fourth Turning.

There are numerous parallels between the political, societal, and military dynamics of the American Revolution Fourth Turning and our present day Fourth Turning, which is accelerating towards its bloody climax, yet to be labeled by future historians – if there are any historians left to write the history.

“Once vigorous measures appear to be the only means left of bringing the Americans to a due submission to the mother country, the colonies will submit.” – King George III

“A traitor is everyone who does not agree with me.” – King George III

The attitude and actions of King George III and his parliamentary aristocracy leading up to and during the rebellion are consistent with the attitudes and actions of our current day monarch – Joe Biden – and the Deep State ruling elite who lord dominion over us lowly peasants. It was duly noted King George battled bouts of mental illness from 1765 until his death in 1820. He lorded over an empire constantly at war in Europe and North America.

His empire was deeply indebted and sought to fill the treasury through taxing its far-flung colonies across the globe, without allowing those colonies representation in Parliament. When faced with resistance and dissension from America, his response was dismissive and threatening. In 1775, after the initial hostilities around Boston, the Continental Congress was still split between war and reconciliation. John Dickinson, the Loyalist delegate from Pennsylvania, wrote the Olive Branch Petition seeking reconciliation with the Crown.

King George’s unequivocal Proclamation For Suppressing Rebellion and Sedition  declared war upon the colonists and proclaimed the members of the Continental Congress to be traitors and conspiracists. He left no room for negotiation or compromise. Were these words written by King George, or the arrogant war-mongering toadies in his court who didn’t have to do the marching and dying on battlefields on another continent. The derision and threatening language are eerily reminiscent of another dictator’s speech 247 years later, ironically given bathed in blood red in front of Independence Hall, where the founding fathers had held their rebellious proceedings.

WHEREAS Many of Our Subjects in divers Parts of Our Colonies and Plantations in North America, misled by dangerous and ill-designing Men, and forgetting the Allegiance which they owe to the Power that has protected and sustained them, after various disorderly Acts committed in Disturbance of the Public Peace, to the Obstruction of lawful Commerce, and to the Oppression of Our loyal Subjects carrying on the same, have at length proceeded to an open and avowed Rebellion, by arraying themselves in hostile Manner to withstand the Execution of the Law, and traitoroursly preparing, ordering, and levying War against Us.

AND whereas there is Reason to apprehend that such Rebellion hath been much promoted and encouraged by the traitorous Correspondence, Counsels, and Comfort of divers wicked and desperate Persons within this Realm: To the End therefore, that none of Our Subjects may neglect or violate their Duty through Ignorance thereof, or through any Doubt of the Protection which the Law will afford to their Loyalty and Zeal; We have thought fit, by and with the Advice of Our Privy Council, to issue this Our Royal Proclamation, hereby declaring that not only all Our Officers, Civil and Military, are obliged to exert their utmost Endeavours to suppress such Rebellion, and to bring the Traitors to Justice; but that all Our Subjects of this Realm and the Dominions thereunto belonging are bound by Law to be aiding and assisting in the Suppression of such Rebellion, and to disclose and make known all traitorous Conspiracies and Attempts against Us, Our Crown and Dignity.

AND We do accordingly strictly Charge and Command all Our Officers, as well Civil as Military, and all other Our obedient and loyal Subjects, to use their utmost Endeavours to withstand and suppress such Rebellion, and to disclose and make known all Treasons and traitorous Conspiracies which they shall know to be against Us, Our Crown and Dignity: and for that Purpose, that they transmit to one of Our Principal Secretaries of State, or other proper Officer, due and full Information of all Persons who shall be found carrying on Correspondence wit, or in any Manner or Degree aiding or abetting, the Persons now in open Arms and Rebellion against Our Government within any of Our Colonies and Plantations in North America, in order to bring to condign Punishment the Authors, Perpetrators, and Abettors of such traitorous Designs.

Given at Our Court at St. James‘s, the 23d Day of August, 1775, in the Fifteenth Year of Our Reign.

God Save the King.

The symbolism of Biden making the most divisive presidential speech in history at the most important location in the founding of the United States, Independence Hall, with blood red lighting and soldiers in the background was as clear a declaration of war against half the country as King George’s proclamation in 1775. Biden spewed hatred and vitriol towards the 74 million Trump voters, essentially proclaiming them traitors and insurrectionists. Biden and his handlers, who wrote the satanic verses demagoguery delivered by Biden, clearly were threatening to use the military against their opponents and use any means at their disposal to retain their power.

Their illegal incarceration and persecution of average Americans who sauntered around the Capital taking selfies, instigated by dozens of undercover FBI agents trying to provoke violence, is proof they have declared war. The barrage of frivolous lawsuits and criminal charges against Trump by the Biden regime and their Deep State acolytes is a blatant attempt to use the power of the State against a political opponent.

“MAGA forces are determined to take this country backwards — backwards to an America where there is no right to choose, no right to privacy, no right to contraception, no right to marry who you love. They promote authoritarian leaders, and they fan the flames of political violence that are a threat to our personal rights, to the pursuit of justice, to the rule of law, to the very soul of this country.” – King Joe I – September 1, 2022 – Independence Hall bathed in blood

“Donald Trump and the MAGA Republicans represent an extremism that threatens the very foundations of our republic. MAGA Republicans do not respect the Constitution.  They do not believe in the rule of law.  They do not recognize the will of the people. MAGA Republicans look at America and see carnage and darkness and despair.  They spread fear and lies – lies told for profit and power.” – King Joe I – September 1, 2022 – Independence Hall bathed in blood

Another quote from Dementia Joe (aka Pedo Pete per Hunter) references Thomas Jefferson saying the tree of liberty must be refreshed from time to time by the blood of patriots and tyrants. It seems Joe knows he is the tyrant in this scenario, as he threatens to use F-15s against his political opponents. Whether we are talking 250 years ago or today, it always comes down to guns.

“I love my right-wing friends who talk about the tree of liberty is water of the blood of patriots. If you need to work on taking on the federal government, you need some F-15s. You don’t need an AR-15.” – King Joe I – January 17, 2023

Animosity between the Crown and the colonists had been brewing for a decade. The Boston Massacre didn’t start the revolution. The Boston Tea Party didn’t start the revolution. The Intolerable Acts of 1774, which were designed to punish Massachusetts for the Boston Tea Party, was the trigger for all that followed. When you treat human beings like dogs, beating them, starving them, and caging them, you better be prepared for them to bite back. John Adams realized the time to act was upon them.

“So instead, you will punish us by reducing us to non-citizens. If there was an argument before about which rights, which privileges we expect to be granted, there is no argument now, no discussion about vague principles. We will have soldiers in our homes; our town, cut off from her source of survival, is plainly under siege.” – John Adams – Rise to Rebellion

It wasn’t until Gage sent his men on a mission to Lexington and Concord to confiscate the guns and ammunition of the colonial militias, the revolution began in earnest. Gun confiscation is always the final straw, which pushes peaceful non-confrontational common men to justified violence, aggressive defense of their liberties, and unrestrained retribution against their enemies. The farmers, merchants and tradesmen, warned of the coming attack by Dawes and Revere, rallied and stood their ground at Concord, and then using guerilla tactics picked off dozens of British regulars during their retreat, inflicting three times as many casualties as incurred. In retaliation the panicked British soldiers burned the homes of non-combatants and killed innocent women and children.

The arrogance of General Gage was again borne out at the Battle of Bunker Hill (most fighting occurring on Breed’s Hill) where his frontal assault resulted in over 1,000 casualties to 450 for the militiamen. If the rebels had not run out of gunpowder, the slaughter would have been worse. The cruel and inhumane burning of Charlestown and Falmouth by the British Navy terminated any possible reconciliation and set in motion a domino effect of events leading to great bloodshed and eventually a humiliating defeat for the British Empire.

Biden and his ruling regime relentlessly threaten and use un-Constitutional means to overturn and render the 2nd Amendment null and void. Every “mass shooting” event is utilized as a means to enact restrictions on the ownership of guns. This despite 90% of mass shootings being committed by young black men against young black men in Democrat run urban shitholes with the strictest gun control laws.

Up until now, those running the show and fearful of the “deplorables” legally owning approximately 400 million firearms, have tried to use regulation, registration, restrictions, and sanctions to restrict the Second Amendment. They have essentially declared half the country rebels, inflaming emotions on both sides with their rhetoric, purposeful non-enforcement of the law, witch hunts against opposition leaders, censorship and cancelling of those on the right, illegal executive orders designed to ignite rebellion, and to treat them like sub-humans.

What they have not dared to do yet, is forcefully attempt to confiscate our guns. That would be the bridge too far, just as the British expedition to Lexington and Concord proved to be the action which generated the violent reaction and subsequent Revolutionary War. When Biden and his cohort of authoritarian governors and mayors attempt to use their police state to confiscate guns door to door, the unanticipated violent response will be heard round the world. The confiscators have names, addresses and families, so they may realize treating their neighbors like criminals may lead to dreadful consequences for them and their loved ones.

The truth is the nation has been in a state of rebellion since the election of Trump in 2016. The divisions within the country haven’t been this deep since the Civil War. Biden’s divisive rhetoric and threats to use the military against his opponents clearly reveals his desire for confrontationRobert F. Kennedy Jr. believes the country is in rebellion against both parties, while Trump’s words on January 6, 2021, revealed his belief we were already warring tribes.

“I think there’s a rebellion happening in our country now — there’s a populist rebellion — and if we don’t capture that rebellion, for the forces of idealism and the forces of generosity and kindness, somebody else is going to hijack that rebellion for much darker purposes. I don’t think it’s a good idea to say we’re not going to talk to American populists because they’re deplorable. Americans are our brothers and sisters, and we need to listen to them. And their backs are against the wall because of policies that have come from both Republican and Democratic parties.” – Robert F. Kennedy Jr.– May 6, 2023

“Today we will see whether Republicans stand strong for integrity of our elections, but whether or not they stand strong for our country. Our country has been under siege for a long time, far longer than this four-year period.” – Donald Trump – January 6, 2021

The assault on the First and Second Amendments to the Constitution have been persistent and more strident over the last three years. We have entered the more volatile phase of this Fourth Turning where any spark can ignite the powder-keg of animosities, grudges, and disputes opposing forces have been seething over for years. The unbridled censorship unleashed by government conspiring with social media companies (aka corporate fascism) was the initial step in the regime’s plan to control, monitor, and suppress any truth which contradicts the approved narrative.

The founding fathers knew 232 years ago the dangers of a tyrannical government subduing the people’s right to freedom of expression, leading us down a path to destruction. That’s why they insisted on the Second Amendment as redress in case a tyrannical regime needed to nourish the tree of liberty with their blood.

“Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech.” ― Benjamin Franklin

“If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.” ― George Washington

Once they silence you, they believe they can then disarm you, imprison you in their 15-minute cities, control you by using central bank digital currencies (CBDCs) to restrict your purchases and punish you for social credit score violations, turn off your mandated EV at their whim, monitor your every communication, and essentially treat you like a prisoner in their electronic gulag. Jeff Shaara captured the gist of how all tyrannical governments act throughout history, and today is no different.

“a dangerous thing for any state to maintain its power by plugging up the vent of complaints, stifling the voices of the people. When complaining becomes a crime, hope becomes despair. He finished” ― Jeff Shaara, Rise to Rebellion

Frankly, the odds of defeating such a goliath regime, backed by the Deep State, the largest military on earth, local militarized police thugs, billionaire oligarchs, compliant media corporations, the Wall Street cabal and their central banker puppets, and millions of sheep-like government indoctrinated drones, seem impossibly long. But the truth is, the uni-party inhabiting the swamp in Washington D.C. is desperately attempting to retain control as their last act is looting the treasury, foretold by George Washington over 200 years ago.

The true support of the regime is a mile wide and an inch deep. When the current “non-banking crisis” detonates into a full-fledged panic and vaporizes the 401ks of millions of angry citizens who have already been supremely screwed by the massive Federal Reserve/Wall Street created inflation, the simmering pot will be brought to a boil and all hell will break loose.

The repressed anger created by the totalitarian lockdowns and vaccine mandates, which destroyed small businesses and the lives of millions of good middle-class people, is on the verge of exploding in the faces of the regime. A recent comment on my blog perfectly encapsulates the vengeance which will be doled out:

“I did get fired. Specifically for non-compliance with Biden’s XO mandating the vax for all federal workers/contractors. 6 figure salary gone. Employer matched 401k contributions gone. Had to live most of 2022 off of what I had in savings, $80,000 gone. And now every fucking one of their “mandates” has been rescinded and the WHO has declared the pandemic over. White hot seething vengeance fueled rage doesn’t even begin to describe what I (and millions of others) have boiling deep inside us that we for now are somehow still able to conceal behind a smiling face. When the collapse comes, and it will, hanging is not good enough. I want these people and their families fed to packs of wild dogs.” – Anonymous Commenter on TBP blog

“Now remember, when things look bad and it looks like you’re not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. ‘Cause if you lose your head and you give up then you neither live nor win. That’s just the way it is.” – Josey Wales

We are now in the fifteenth year of this Fourth Turning, with a resolution likely within the next five or six years – good, bad, or disastrous. The Great Depression/WWII Fourth Turning lasted 17 years, while the American Revolution Fourth Turning took 21 years. It is a certainty violent conflict will drive this Fourth Turning to its gripping unknown climax, with both civil and global conflict playing a major role. The men who were pushed too far by the British in 1775 and pushed back had virtually no chance of victory and they won. Will those of us constituting Hillary’s deplorables, who face equivocally long odds, summon the inner-strength, resolve, fortitude, and courage to support and sustain our fellow modern-day patriots in the coming battles for the heart of the nation?

We certainly aren’t going to vote our way out of this, as both parties are captured and corrupt. We’ve been pushed as far into a corner as we can be pushed. And the time for pushing back approaches. The futures of our children and grandchildren will depend on how we respond during the coming trials and tribulations. It will require tremendous sacrifice and cooperation between all generations to accomplish the task of saving this country from the forces of evil currently in control. Once the sword is drawn there will be no turning back or compromise. An elderly Ben Franklin knew what would happen if they failed. The same would apply today – ask the men kept in a D.C. dungeon for the last two years.

 “We must all hang together, or assuredly we shall all hang separately.” ― Benjamin Franklin

Strauss and Howe provided four possible outcomes to the current Crisis, each more dire than the next. I now believe this outcome is the most likely, unless Biden accidentally pushes the nuclear button, thinking he was just ordering chocolate ice cream with jimmies.

“The Fourth Turning could mark the end of modernity. The Western saecular rhythm – which began in the mid-fifteenth century with the Renaissance – could come to an abrupt terminus. The seventh modern saeculum would be the last. This too could come from total war, terrible but not final. There could be a complete collapse of science, culture, politics, and society. Such a dire result would probably happen only when a dominant nation (like today’s America) lets a Fourth Turning ekpyrosis engulf the planet. But this outcome is well within the reach of foreseeable technology and malevolence.” – Strauss & Howe – The Fourth Turning

Many have already given up their liberties and freedoms for the promise of government safety and welfare payments, but will ultimately realize they aren’t safe, and the promises were hollow and false. The nation is financially and morally bankrupt, and the fall of the American Empire will be the most spectacular in world history. Thomas Paine never fired a shot during the American Revolution, but his Common Sense became the inspiration for others to stand up to tyranny. We all have a part to play in this historic episode in our nation’s history. If not us, then who? As darkness descends upon our land of liberty, it’s time to light a candle and make a stand against evil and tyranny.

*  *  *

It is Jim's sincere desire to provide readers of his site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, he asks that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part.

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Tyler Durden Tue, 05/09/2023 - 16:20

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International

Fair and sustainable futures beyond mining

Mining brings huge social and environmental change to communities: landscapes, livelihoods and the social fabric evolve alongside the industry. But what…

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Mining brings huge social and environmental change to communities: landscapes, livelihoods and the social fabric evolve alongside the industry. But what happens when the mines close? What problems face communities that lose their main employer and the very core of their identity and social networks? A research fellow at the University of Göttingen provides recommendations for governments to successfully navigate mining communities through their transition toward non-mining economies. Based on past experiences with industrial transitions, she suggests that a three-step approach centred around stakeholder collaboration could be the most effective way forward. This approach combines early planning, local-based solutions, and targeted investments aimed at fostering economic and workforce transformation. This comment article was published in Nature Energy.

Credit: Kamila Svobodova

Mining brings huge social and environmental change to communities: landscapes, livelihoods and the social fabric evolve alongside the industry. But what happens when the mines close? What problems face communities that lose their main employer and the very core of their identity and social networks? A research fellow at the University of Göttingen provides recommendations for governments to successfully navigate mining communities through their transition toward non-mining economies. Based on past experiences with industrial transitions, she suggests that a three-step approach centred around stakeholder collaboration could be the most effective way forward. This approach combines early planning, local-based solutions, and targeted investments aimed at fostering economic and workforce transformation. This comment article was published in Nature Energy.

 

Dr Kamila Svobodova, Marie Skłodowska-Curie Research Fellow at the University of Göttingen, argues that, in practice, governments struggle to truly engage mining communities in both legislation and action. Even the more successful, often deemed exemplary, transitions failed to follow the principles of open and just participation or invest enough time in the process. Early discussions about how the future will look following closure help to build trust and relationships with communities. A combination of bottom-up and top-down approaches engages people at all levels. This ensures that the local context is understood and targeted specifically. It also establishes networks for collaboration during the transition. Effective coordination of investments toward mining communities, including funding to implement measures to support workers, seed new industries, support innovations, and enhance essential services in urban centres, proved to be successful in the past.

 

“To ensure energy security, it’s essential for governments to recognize the profound transformation that residents of mining communities experience when they shift away from mining,” Svobodova explains. “Neglecting these communities, their inherent strength of mining identity and unity, could lead to social and economic instability, potentially affecting the overall national energy infrastructure.”

 

Moving toward closure and consequently away from mining is not an easy or short journey. “It is essential that governments recognize that the transition takes time, and persistence is essential for success,” says Svoboda. “They should openly communicate their strategies, ensuring communities and other stakeholders are well-informed and engaged. Building trust and providing guidance helps residents navigate the uncertainties associated with transitions. By embracing the three-step approach that centers around stakeholder engagement, governments can prioritize equitable and just outcomes when navigating mining transitions as part of their energy security strategies.”

 

Original publication: Svobodova, K., “Navigating community transitions away from mining,” Comment article in Nature Energy 2023. DOI: 10.1038/s41560-023-01359-9. Full text available here: https://rdcu.be/dnmU3 

 

Contact:

Dr Kamila Svobodova

University of Göttingen

Department of Agricultural Economics and Rural Development

Platz der Göttinger Sieben 5, 37073 Göttingen, Germany

kamila.svobodova@uni-goettingen.de

 


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Government

Turley: Four Biden Impeachment Articles & What The House Will Need To Prove

Turley: Four Biden Impeachment Articles & What The House Will Need To Prove

Authored by Jonathan Turley,

With the commencement of the…

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Turley: Four Biden Impeachment Articles & What The House Will Need To Prove

Authored by Jonathan Turley,

With the commencement of the impeachment inquiry into the conduct of President Joe Biden, three House committees will now pursue key linkages between the president and the massive influence peddling operation run by his son Hunter and brother James.

The impeachment inquiry should allow the House to finally acquire long-sought records of Hunter, James, and Joe Biden, as well as to pursue witnesses involved in their dealings.

testified this week at the first hearing of the impeachment inquiry on the constitutional standards and practices in moving forward in the investigation. In my view, there is ample justification for an impeachment inquiry. If these allegations are established, they would clearly constitute impeachable offenses. I listed ten of those facts in my testimony that alone were sufficient to move forward with this inquiry.

I was criticized by both the left and the right for the testimony. 

Steven Bannon and others were upset that I did not believe that the basis for impeachment had already been established in the first hearing of the inquiry.

Others were angry that I supported the House efforts to resolve these questions of public corruption.

Without prejudging that evidence, there are four obvious potential articles of impeachment that have been raised in recent disclosures and sworn statements:

  1. bribery,

  2. conspiracy,

  3. obstruction, and

  4. abuse of power.

Bribery is the second impeachable act listed under Article II. The allegation that the President received a bribe worth millions was documented on a FD-1023 form by a trusted FBI source who was paid a significant amount of money by the government. There remain many details that would have to be confirmed in order to turn such an allegation into an article of impeachment.

Yet three facts are now unassailable.

First, Biden has lied about key facts related to these foreign dealings, including false statements flagged by the Washington Post.

Second, the president was indeed the focus of a corrupt multimillion-dollar influence peddling scheme.

Third, Biden may have benefitted from this corruption through millions of dollars sent to his family as well as more direct benefit to Joe and Jill Biden.

What must be established is the President’s knowledge of or participation in this corrupt scheme. The House now has confirmed over 20 calls made to meetings and dinners with these foreign clients. It has confirmation of visits to the White House and dinners and events attended by Joe Biden. It also has confirmation of trips on Air Force II by Hunter to facilitate these deals, as well as payments where the President’s Delaware home address was used as late as 2019 for transfers from China.

The most serious allegations concern reported Washington calls or meetings by Hunter at the behest of these foreign figures. At least one of those calls concerned the removal or isolation of a Ukrainian prosecutor investigating Burisma, an energy company paying Hunter as a board member. A few days later, Biden withheld a billion dollars in an approved loan to Ukrainian in order to force the firing of the prosecutor.

The House will need to strengthen the nexus with the president in seeking firsthand accounts of these meetings, calls, and transfers.

However, there is one thing that the House does not have to do. While there are references to Joe Biden receiving money from Hunter and other benefits (including a proposed ten percent from one of these foreign deals), he has already been shown to have benefited from these transfers.

There is a false narrative being pushed by both politicians and pundits that there is no basis for an inquiry, let alone an impeachment, unless a direct payment or gift can be shown to Joe Biden. That would certainly strengthen the case politically, but it is not essential legally. Even in criminal cases subject to the highest standard, payments to family members can be treated as benefits to a principal actor. Direct benefits can further strengthen articles of impeachment, but they would not be a prerequisite for such an action.

For example, in Ryan v. United States, the Seventh Circuit U.S. Court of Appeals upheld the conviction of George Ryan, formerly Secretary of State and then governor of Illinois, partly on account of benefits paid to his family, including the hiring of a band at his daughter’s wedding and other “undisclosed financial benefits to him and his family and to his friends.” Criminal cases can indeed be built on a “stream of benefits” running to the politician in question, his family, or his friends.

That is also true of past impeachments. I served as lead counsel in the last judicial impeachment tried before the Senate. My client, Judge G. Thomas Porteous, had been impeached by the House for, among other things, benefits received by his children, including gifts related to a wedding.

One of the jurors in the trial was Sen. Robert Menendez (D-N.J.), who voted to convict and remove Porteous. Menendez is now charged with accepting gifts of vastly greater value in the recent corruption indictment.

The similarities between the Menendez and Biden controversies are noteworthy, in everything from the types of gifts to the counsel representing the accused.  The Menendez indictment includes conspiracy charges for honest services fraud, the use of office to serve personal rather the public interests. It also includes extortion under color of official right under 18 U.S.C. 1951. (The Hobbs Act allows for a charge of extortion without a threat of violence but rather the use of official authority.)

Courts have held that conspiracy charges do not require the defendant to be involved in all (or even most) aspects of the planning for a bribe or denial of honest services. Thus, a conspirator does not have to participate “in every overt act or know all the details to be charged as a member of the conspiracy.”

Menendez’s case shows that the Biden Administration is prosecuting individuals under the same type of public corruption that this impeachment inquiry is supposed to prove. The U.S. has long declared influence peddling to be a form of public corruption and signed international conventions to combat precisely this type of corruption around the world.

This impeachment inquiry is going forward. The House just issued subpoenas on Friday for the financial records of both Hunter and James Biden. The public could soon have answers to some of these questions. Madison called impeachment “indispensable…for defending the community” against such corruption. The inquiry itself is an assurance that, wherever this evidence may lead, the House can now follow.

Tyler Durden Mon, 10/02/2023 - 15:00

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How the Polen Capital Global Small and Mid Cap Fund finds under-explored high quality companies

In this video insight, I am joined by Rob Forker, the portfolio manager of the Polen Capital Global Small and Mid Cap Fund. We discuss Polen Capital’s…

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In this video insight, I am joined by Rob Forker, the portfolio manager of the Polen Capital Global Small and Mid Cap Fund. We discuss Polen Capital’s strategy of selecting elite companies from a pool of 8000 global stocks based on their five guide rails. Rob also highlights Polen’s approach to investing across the growth spectrum, balancing slower-growing, stable companies like Cochlear with high-growth firms like Globant. Despite the challenging market conditions, Rob remains confident in their strategy, believing that earnings growth will ultimately drive long-term stock price appreciation.

Transcript:

David:

Hi I’m David Buckland, and welcome to this week’s video insight. Today, I’m being accompanied by Rob Forker. For those who don’t know, Rob is the portfolio manager of Polen Capital’s global small and mid-cap fund.

Rob, you have about 8000 stocks to choose from in the global space in the small to mid-cap area, and you have to go all the way down to try and get the best 35 stocks or approximately 35 stocks in the world. How do you do it?

Rob:

It’s a hard task, but one we enjoy doing. So, finding the best of the best is what we’re all about. We want to find the most elite companies we can find globally wherever they reside, Australia, continental Europe, America, Japan, wherever. The way we do it is we apply our proven five guardrails that we’ve been executing at Polen Capital for almost 35 years. Those are:

  1. Real organic revenue growth,
  2. High end or improving margins,
  3. High returns,
  4. Abundant cash flow,
  5. And a strong balance sheet.

And at the end of the day, what we’re looking for is companies that have strong earnings, have strong cash flow, and a fortress like balance sheet because those are quality companies that can be durable over the long term.

David:

And it’s interesting that out of your portfolio of, I think it’s 33 stocks at the moment, the average market capitalization is about 8.5 billion Australian dollars, which actually would put it in the top 60 on the ASX and be similar sized to something like Qantas (ASX: QAN) or Mirvac (ASX: MGR) so it’s interesting that, for Australians, that seems quite big, but by global standards, they’re still categorized as a small or medium sized type businesses.

Rob:

Yeah, no question, so we find companies of course globally, and small cap, mid cap is a bit of an art as to how you define it but what we believe is that the inefficiency of the asset class is clear. So, a typical company that we’re looking at in our class has 7 to 8 analysts. For reference, Apple has 55. And so, the beauty of what we do is that we’re looking at under explored companies that we believe have a secret sauce. Now it’s our job to figure out what that secret sauce is, but what we do, as an example, is look at the companies that have no self-side coverage. So, this is an opportunity and one that we relish in.

David:

That’s good. Now, one of the interesting graphs we get from Polen Capital is investing across the growth spectrum. On one side of the spectrum. You’ve got these very sexy, very high growth companies, but are earning money. And on the other side of the spectrum, a little bit more ballast in the portfolio. Can you just explain for the small mid cap global audience? Investing across the growth spectrum and how you think about it.

Rob:

Yeah, so on the safety side, these are to consumer staples companies or healthcare companies where they’re a lit little bit slower growing, low double digit earning. So, it’s still great, but slower going. Cochlear (ASX: COH) would be a great example, a fortress in market share and their constant research and development (R&D), typically grows earnings at 12-14 per cent.

On the far end, we call these growth companies, they typically grow earnings 30 – 40 per cent. An example would be Globant, which is an IT consulting firm at the forefront, of what they do. They’re basically a mini-Accenture. And so those type of companies are growing faster.

We want both because we appreciate the safety and the growth elements that can help you in bad times and give you outsized returns in good times.

David:

So, if we look at the fundamentals of the total portfolio let’s just sort of spend a minute or two on that.

Rob:

Absolutely so, when you put it all together, this is a portfolio that trades at roughly 25 times earnings on a 12-month basis.

We believe earnings growth is nearly 20 per cent per annum.

David:

For some years?

Rob:

Yeah, where we forecast out 5 years in our investment time horizon. We want to think and act like owners when looking at these great companies, and what they can do over the long term.

The balance sheet is nearly net cash, so no balance sheet risk to speak of. As I mentioned, strong cash flows. We want companies that self-fund, which is quite unique in this space. Many small cap managers own unprofitable companies where they’re betting that things will get great.

David:

Have to go back to the market for equity, on a regular basis.

Rob:

We don’t want to do that. We don’t want to buy what will be quality. We buy what’s proven to be quality today. And this is the beauty of the menu that we have of nearly 8000 companies. We can be choosy. We want to own elite companies.

David:

And I guess the elephant in the room Rob, we launched this in Australia although the fund out of America is actually, well, Boston where Rob’s based is actually a bit older than that, but we actually pick the timing to perfection in terms of the bigger the market, so October 2021. So, it’s coming around for its, it’s two year anniversary. It’s been a very, very rough ride for the early investors.

Yours truly as one of them.

Let’s just give it give it some context. It’s obviously been a very rough 24 months. Do you want to sort of just spend a few minutes on that?

Rob:

Yeah, and yours truly as well. So, I eat my own pudding, I’m an investor and my children are investors you know, I am betting on the success of this strategy as many of you are. The elephant in the room is that 2022 was bruising, just literally awful.

We weren’t certainly the only ones that had the bruising. This was a global phenomenon, particularly in small to mid caps. This year, what’s been surprising is the bounce back has not been there. The strategy is certainly not doing poorly, but it hasn’t had the type of returns that that many of the large cap strategies have had, small cap in general has been toward left behind. What we focus on is the fundamentals of the business.

We believe that earnings growth for our companies was 12 per cent last year. We believe that earnings growth will also be very strong closer to that 15 to 20 per cent level that I was talking about. And that’s what we are focused on. Price to earnings (P/E) multiples as Roger and many astute investors talk about, P/E multiples are confidence, they go up and down. But we believe over the long term that stock prices follow earnings growth, and that’s what we think will happen over the long term. But certainly, are, we didn’t want to start this way. And it would have been better had we not, but this is where we are in there in lies the opportunity.

David:

Alright. Ladies and gentlemen, that’s all we have time for this week. As many of you know, we’ve had a very, very good relationship with Polen Capital for about 2 and a half years now. Rob, Damon, and many members of the team come out pretty much on a 6 monthly basis. And, we have been blessed to partner with an organization of such great quality.

The Polen Capital Global Small and Mid-Cap Fund owns shares in Globant. This article was prepared 25 September 2023 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade Globant, you should seek financial advice.

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